Dollar General Market For
For Sale
Contact for pricing
Pending
10259 Byers Rd, Miamisburg, OH 45342
New construction Dollar General Market on 1.25-acre parcel.
Property Size10,640 SF
Lot Size1.25 Acres
Days on Market268
Property Features for 10259 Byers Rd
General Information
Standard status
Pending
Size
10,640 SF
Lot size
1.25 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Building Details
Year Built
2026
Buildings
1
Tenancy
Single
Listing Agency:
Marcus & Millichap | The Patel Yozwiak Group
Listed By:
Darpan Patel · License #OH SAL.2012000748
Source:
Crexi
Added: Nov 17, 2025
Changed: Aug 8
Last Checked: Jul 24 at 5:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | The Patel Yozwiak Group
Investment Insights
Based on property information with market context.
This property is a Dollar General Market scheduled for construction in 2026. The build-to-suit property will encompass 10,640 square feet on a parcel of approximately 1.25 acres.
Key Highlights
- Brand new 2026 construction.
- Dollar General Market tenant.
- Build‑to‑Suit property.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$132,580
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,651,600
$2.7M
Cap Rate 7%
$1,894,000
$1.9M
Cap Rate 9%
$1,473,111
$1.5M
Market Conditions
NOI Build-Up for 10,640 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$191.5K $18.00/SF
− Vacancy
−$14.7K −$1.39/SF
EGI
$176.8K $16.61/SF
− OpEx
−$44.2K −$4.15/SF
NOI
$132.6K $12.46/SF
Area
Montgomery County, OH
Vacancy
7.70%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,651,600
Cap Rate 7%
$1,894,000
Cap Rate 9%
$1,473,111
Alternative Uses
Best Use
Specialty Retail
$1.89M
$1.66M – $2.21M
NOI $132,580 @ 7.0% cap · market cap 4.96%
Second Best
Retail
$1.77M
$1.55M – $2.06M
NOI $123,741 @ 7.0% cap · market cap 4.63%
Theoretical Best
Multifamily LT 5
$100.63M
$88.05M – $117.41M
NOI $7,044,393 @ 7.0% cap · market cap 263.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
213
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45342, OH
37,508
Population
15,818
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
94%
High-School Grad
34.3 sq mi
ZIP Area
1,094
Density / Sq Mi
$83,936
Median Household Income
$48,533
Median Earnings
$1,247
Median Rent
$206,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - New construction Dollar General Market on 1.25-acre parcel.
Where is this grocery and convenience store located?
The property is located at 10259 Byers Rd Miamisburg, OH.
What is the asking price?
The asking price for this property is $2,675,000.
What are key features of this property?
This property features: Brand new 2026 construction.; Dollar General Market tenant.; Build‑to‑Suit property.
